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What is kishora's fixed capital ?

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What is kishora's fixed capital ?

Posted by Saɴᴋᴇᴛ ???? 4 years, 4 months ago

CBSE > Class 09 > Other Subjects

1 answers

Sia ? 4 years, 4 months ago

(i) Kishora's fixed capital is the buffalo and wooden-cart which he has purchased with the bank loan.
(ii) The money that he earns from selling the milk and transporting goods on his bullock-cart minus his own living expenses are his working capital.
(iii) Kishora is involved in the following production activities.

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